Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget−0.116%7-day average +0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$711as in the Funding arb table
Net, price: spread back to 7d avg − costs−$672as in the Price arb table
costs, in and out, $10k−$6536.525% of the position
Funding, last 7 days−0.587%−$59 on $10k
+Price spread, last 4 days (all we have)+0.160%+$16 · spread now −0.116%, 7d avg +0.083%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.199% cheaper against Bitget than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of +0.083%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget AXLUSDT | 0.05182 | 0.0100 | pay 0.0050% / 4h | 3h 25m | $559K | $305K | 50x |
| Short | KuCoin AXLUSDTM | 0.05176 | 0.0100 | get 0.0050% / 4h | 3h 25m | $437K | $71K | 30x |
Bitget AXLUSDT
KuCoin AXLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.116% → +0.083%
- −$19.91
- Slippage, 4 orders
- −$628.5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$672.41
- Costs to cover
- 6.525%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; KuCoin: live order book, 68 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 5 min ago | 5.82 bp | 34.4 bp −$34 | 192.9 bp −$1,929 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 68 min ago | 9.63 bp | 378.6 bp −$379 | doesn't fit | doesn't fit | doesn't fit |
AXL on 9 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AXL-USDT | +0.0070% | 4h | 0.05179 | −0.058% | — | $2.3M | — | as long as short |
| Aster AXLUSDT | +0.0100% | 4h | 0.05183 | +0.020% | $34K | $6K | 5x | as long as short |
| Binance AXLUSDT | +0.0100% | 4h | 0.05181 | −0.024% | $1.8M | $2.7M | 50x | as long as short |
| Bybit AXLUSDT | +0.0100% | 4h | 0.05185 | +0.058% | $1.4M | $1.2M | 25x | as long as short |
| MEXC AXL_USDT | +0.0100% | 4h | 0.05181 | −0.019% | $317K | $146K | 50x | as long as short |
| KuCoin AXLUSDTMshort | +0.0100% | 4h | 0.05176 | −0.116% | $437K | $71K | 30x | |
| Bitget AXLUSDTlong | +0.0100% | 4h | 0.05182 | long leg | $559K | $305K | 50x | |
| Variational Omni AXL | +0.0100% | 4h | 0.05173 | −0.164% | $6K | $23K | — | as long as short |
| BloFin AXL-USDT | +0.0158% | 4h | 0.05160 | −0.425% | $116K | $9K | 50x | as long as short |
BingX AXL-USDT
Aster AXLUSDT
Binance AXLUSDT
Bybit AXLUSDT
MEXC AXL_USDT
Variational Omni AXL
BloFin AXL-USDT